CHAIRMAN SBI

New Delhi: The country's top public sector lender, State Bank of India, today said it is considering further reduction in lending rates.
"There is thinking (on these lines)," SBI Chairman O P Bhatt said when asked if there is a possibility of reducing the benchmark prime lending rate (PLR) by...

Mumbai: State Bank of India (SBI), India's biggest lender, is cutting its main lending rate by 75 basis points and will raise $1$2 billion this year to help tide over tight liquidity conditions, its chairman O P Bhatt said on Thursday.
O P Bhatt said a lack of liquidity was a...